Archive for March 27th, 2018

March 27 Energy News

March 27, 2018

Opinion:

¶ “Is the IEA underestimating renewables?” • The World Wind Energy Association said 52.6 GW of wind capacity was installed in 2017. Solar Power Europe put PV installations at 98.9 GW. The World Nuclear Industry report said 2.7 GW of nuclear was installed. But the International Energy Agency still issues high projections for nuclear. [Deutsche Welle]

Renewable energy (Getty Images)

¶ “Nuclear power plant construction in Britain: A bottomless swamp” • Doubts about the costs and related problems at Hinkley C surfaced again, creating fear that the government may reexamine the project. Such concerns present a serious threat to Japanese firms betting their futures on building nuclear power plants in Britain. [The Japan Times]

¶ “Success Of Paris Climate Accord Depends On Local Action” • A recent blog post on Yale Environment 360 argues, “Much of the progress in reducing CO2 emissions is being driven by mayors, governors, premiers, and corporate executives.” It suggests “allowing cities, states, and companies to officially sign on to the Paris Agreement.” [CleanTechnica]

Target has 147.5 MW of PV capacity installed on its
buildings, the most of any US company. (Credit: SEIA)

¶ “You should be scared if you own natural gas stocks” • CNBC’s Jim Cramer has noticed a new group becoming “hated” on Wall Street: the natural gas cohort. And when he dug deeper, he realized that the weakness went beyond gas as a commodity. Companies that produce natural gas or even use it to produce electricity show the same weakness. [CNBC]

World:

¶ MAKE Consulting, which is now a part of research and consultancy group Wood Mackenzie, has predicted that annual wind power capacity additions will average out at more than 65 GW between 2018 and 2027, thanks partly to the increasing demand in offshore wind and the expanding contribution of emerging markets. [CleanTechnica]

Vestas offshore wind turbines

¶ Mark Osborne, the Senior News Editor for PV Tech, reported that the fourth quarter of 2017 saw the highest ever recorded levels of new solar PV manufacturing expansion announcements for a quarter, totaling around 40 GW across the thin-film, the solar cell & module assembly, and the integrated cell & module manufacturing segments. [CleanTechnica]

¶ The Asian Development Bank is to loan of about $175.3 million to PT Supreme Energy Rantau Dedap to help finance the second phase of a geothermal power project in Indonesia. The deal is part of ADB’s continued effort to scale up private sector investments in clean energy infrastructure in the Asia and Pacific region. [Renewable Energy Magazine]

Indonesia (Courtesy of ADB)

¶ Repowering UK wind farms that are scheduled to end operations in the next five years could increase the country’s generating capacity by more than 1.3 GW, according to a new report by the Energy and Climate Intelligence Unit. The report said upgrading the projects would yield more than 3 TWh of electricity per year. [reNews]

¶ Iceland’s Arctic Green Energy Corporation and China’s Sinopec secured a $250 million loan from the Asian Development Bank to develop geothermal resources in China. The loan was granted to a new joint venture company. It will be used to expand geothermal heating in cities near Beijing and reduce the area’s reliance on coal. [WBAP News/Talk]

Geyser

¶ Renewable energy generated more power than brown coal, gas, or oil during Australia’s long hot summer. The 9,880 GWh from renewables exceeded that from brown coal by 8% and gas by 40% in Australia’s main grids. Renewables also delivered much of this power when it was needed most, during the peak demand periods. [Echonetdaily]

¶ Britain has cut its power station carbon emissions by a quarter in only 12 months according to data by Imperial College London. A study in the journal Nature Energy, said that if the other main coal-consuming countries mirrored Britain’s approach, it would reduce global emissions by roughly a gigatonne, or 3% every year. [Telegraph.co.uk]

Coal-burning power plant (Reuters image)

¶ The Western Australian government has rejected the federal National Energy Guarantee in favour of its own renewable energy policy. WA Energy Minister Ben Wyatt says WA is determined not to be dragged into the east coast energy market “nightmare.” He said WA’s energy market is on-track to reduce carbon emissions. [Energy Matters]

US:

¶ The US Army is using clean energy projects to begin targeting resiliency through microgrids, executive director of the US Army’s Office of Energy Initiatives Michael F. McGhee said at the recent Microgrid Global Innovation Forum in Washington, DC. Renewable energy projects can provide resilient power sources for the military. [Energy Manager Today]

Los Alamitos Army Airfield (California
National Guard | Flickr Creative Commons)

¶ Arizona’s largest utility is working with lawmakers to put its own renewable energy alternative on the November ballot. It has the same goal as the initiative having 50% of electricity from renewable sources. But it prohibits the commission from implementing the new requirement if it would have any effect at all on cost or reliability. [Arizona Capitol Times]

¶ The Town of Hartford, Vermont, commissioned two rooftop solar projects on Town buildings in February. Norwich Solar Technologies of White River Junction installed a 98-kW DC, net-metered solar PV system on the roof of the town’s Wastewater Treatment Plant as well as a 37-kW DC system on the Public Works building. [Vermont Biz]

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